Advantages and Drawbacks of New User Bookmaker Bonuses
New User Betting Sites: Pros & Cons
- Great for testing bookmakers
- Can lead to eventual real money withdrawals
- Much-needed bankroll boost for new players
- Often come with strict terms
All the Best Bookmakers With New User Bonus Offers
There are obviously hundreds of brands with sportsbook new user bonuses. Some of those available in my location are global-facing, so Iâve selected three of the best sportsbooks for sports betting bonus offers. Before looking at the current offerings they feature, I did some quick background checks. The goal was to confirm that playing there would be safe, considering that Iâll be providing personal details at sign-up and during payments. Each of these brands is duly licensed, has SSL encryption in place, and there are no scandals in the forums I checked.
Stake.comâMost Generous New User Bonus
Stake.com offered me a 200% bonus up to $2000 when players in my country. The total bonus value may differ in your country, but this is the same bonus offered. Youâll see the current local offer for you on the banners on display. Thereâs so much you can do with the platformâs new user sign-up bonus. They cover major sports like football, basketball, and tennis, as well as others like hockey. You can even bet on esports like League of Legends. Like the total offer, the terms will also be different per location, and some bonuses may or may not be available to you, so read them carefully to see what applies in your location.
BetanoâNew Player Bonuses With Flexible Terms
I found the Betano sports betting bonus offers for new players in my location to have decent terms. The minimum deposit is very low, and they issue free bets that can be used within 7 days. Another advantage is that this deal is available even without a promo code. When you tap on the banner featured here, youâll be able to get the exact deal for your country codeâfree too. As a plus, I noticed that the site has competitive odds on games like football, often on par or slightly higher than what Stake.com offers.
888 CasinoâThe Best Hybrid Sportsbook App With New User Bonuses
To be clear, 888 Sports is one of the best sports betting apps where you get to claim the best free bets. Thatâs the version of the platform for sports betting specifically. I consider them a good choice if you prefer betting on mobile. The free bet new player offer for my location at the time of writing was valid for 7 days. Still, it was quite generous because I didnât find any wagering requirements attached to it.
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Learn MoreWhat to Look Out for When Choosing the Best New Player Betting Bonuses
Whether I am out searching for online casino bonus deals or sports betting promotions, I have a few non-negotiables. Here is everything I look for in a new player bonus:
Bonus qualifying deposit
Unless it is a no-deposit bonus, I always consider how much I need to pay into my account to get the promo. If the minimum deposit is higher than $50, I consider the deal a bit over the top for casual bettors. Low minimum deposit betting sites are important when you want to try a sportsbook for the first time without risking much.
Bonus type
There are various forms of new player betting bonuses. Some brands provide free bets; others provide deposit matches. Most times, free bets are smaller in total value compared to deposit matches. If I am looking for a promotion that can go a long way, I choose match deals. However, when the goal is to bet on specific games or place an accumulator bet, free bets are a better choice.
Validity period
This is how long I have to use the promotion. Typically, I have found that free bets come with shorter shelf lives, but I donât opt for deals shorter than 7 days. Thatâs because the validity period is also the exact time I have to clear the wagering requirement and a shorter time means more pressure.
Wagering requirement
Almost all promotions youâll come across will have wagering requirements. I check both the size of the requirement and what it applies to. If the match is 100% up to $50, for example, and it comes with a 40x wagering requirement on just the bonus amount, it means I need to bet a total of $5000. However, if the 40x is both on deposit and bonus funds, then I will need to bet with $10,000. The lower the wagering requirement, the better. It should also only apply to the deposit or bonus amount instead of both.
Activation method
The Stake sign-up bonus for example, requires the use of a promo code for activation. If a promo needs codes, I check to confirm that the banner or operator has provided it where it is easy to find. That saves search time and the risk of copying expired ones. For offers that require me to opt in manually, I check to see if there are clear instructions on how to do so. If I have to contact support to seek assistance, I skip such offers due to lack of transparency.
All the Types of New User Betting Bonus You Can Claim
There are four main formats I've often encountered at the best sports betting apps and online sportsbooks. While they are designed differently, they are all just there to give some value when you just register. Also, before you choose any of them, refer to the things Iâve listed to be checked early on.
| New player bonus type | How it works |
| Bet and Get | This requires real money bets instead of minimum deposits and then rewards you with bonus bets. |
| First bet insurance | With first bet insurance, which some sites call a âno sweat bet,â you get back your opening bet in bonus funds. However, only if it loses |
| Deposit match | This is the classic new player promotion where a minimum deposit is needed. The amount is then matched up to a fixed percentage |
| No deposit bonus | You can get these as free bets once you sign up. They don't require any deposits. |
Hereâs a closer look at each of these types of promotions:
Bet and Get
This is a sign-up promo that Iâve noticed is getting quite popular these days. For Bet and Get, you need to place a minimum set of predetermined bets. Then, you will receive some amount to place more bets for free. Some of those Iâve seen interestingly donât have wagering requirements. However, that may not apply to some other sites. What I like most about this type of welcome deal is that your win or loss doesnât affect what you receive.
First Bet Insurance
Having insurance on your first bet means you have a safety net just in case the bet loses. Mind you, you may not get the entire amount back. It could be up to a fixed percentage or amount. While this is one of the very catchy promotions you will find, you canât withdraw the refund. It is issued for you to bet with and can come with wagering terms too.
Deposit Match
With a deposit match, the sportsbooks give you extra when you make a deposit. The good thing about this promo is that it can extend from your first payment to your fourth on some sites. They are also very easy to understand compared to other bonus types for sports betting. In practice, if you deposit $10 to bet a 100% match, it means the bookmaker will give you an extra $10. They will provide terms like the kind of sports you can bet on and the odds, so keep an eye out for those.
No Deposit Bonuses
Sports betting no deposit bonuses are also called free bets, and they are issued right after sign up. Though they are rare these days, operators issue them to help you get acquainted with their platform risk-free. If you like the bookmaker and choose to keep betting with them, you can then meet the terms, like wagering requirements, to claim your winnings.
After the New User BonusâOther Promotions Worth Claiming
Beyond the first bonus you get when you register, there are many more you can look forward to. You can get a teaser of these by looking at the promotions page at the betting site you choose to join. Here are some common formats that you might notice:
Reloads
A reload bonus is comparable to a first deposit bonus because it is what you get for loading your account as a returning player. The best ones offer high percentage matches and low wagering requirements. They also donât include restrictive conditions around the games you can bet on with the loaded funds.
Cashbacks
Cashbacks are like insurance bets, but rather than being tied to one specific bet, they apply to your daily, monthly, or weekly losses. These are quite common and only return a fixed percentage of your lost funds. Remember that cashback is also not withdrawn. You will have to bet on other games with them.
Half-Time Payout
I found this one on the Stake.com website from my location, and it only applied to the NBA. Youâll need to make a bet and get a payout at halftime if you see that the game isnât going your way. Such deals can also apply to football and other sports. They come with terms like minimum bets and odds, so check those out.
Choosing and Using the Best Betting Bonus for New UsersâConclusion
Apart from the new player bonuses that I have shared here, you will come across many more in your sports betting experience. Thankfully, I have already told you everything that you need to know about picking the best deals. You can also save yourself some search time by choosing any of the brands that I have featured on this page.
These have taken their time to create player-friendly promotions that have reasonable terms and conditions. It is also very important that you look at the kind of sports you can bet on before you choose any of the offers. For example, if you are a big fan of basketball and the promotion only supports football bets, then it's impractical for you to claim it. So far, Iâd say these brands have some of the most accommodating deals on the market right now. Tap the banners on this page to join any of these sites and claim the new player bonus for your location.
FAQs on New Player Bonuses
Do all new player betting bonuses support football betting?
Not all new player betting bonuses support stakes on football matches. You will always find the supported sports in the terms and conditions section. Most of those on this page are football-friendly.
How do I know the minimum odds applicable to a bonus?
Like with the supported sports, you will find the minimum odds that apply to specific bonuses when you read the terms and conditions. In the case of free bet sites, you will also find the amount that each bet is worth.
What are the best new player bonus deals?
The best new player sign-up promotions for my country are the ones that I have shared on this page. Refer to the banners on this page for each brand to see what is available in your region, then compare them to find which one is a good fit for you.
